REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Katelyn Ciaramitaro

[email protected] +1(978) 473-0922

$ 574,999

Est. payment -/mo

Save

Open Sat 1PM-2:30PM

114-116 Laurel St Fitchburg, MA 01420

6 Beds

5 Baths

3,542 SqFt

Open House

Sat Oct 17, 1:00pm - 2:30pm

Sun Oct 18, 1:00pm - 2:30pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type 3 Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,542 sqft

Price per Sqft $162

MLS Listing ID 73591013

Bedrooms 6

Full Baths 5

Year Built 1920

Annual Tax Amount $6,023

Tax Year 2026

Lot Size 6,969 Sqft

Acres 0.16

Property Sub-Type 3 Family

Property Description

Renovated three-family investment opportunity at 114-116 Laurel St in Fitchburg, featuring a dedicated paved parking lot and convenient access to the Fitchburg commuter rail, just 0.4 mile away. The property consists of two deeded tracts on one tax parcel: the three-unit building and the paved corner lot at Laurel and Cross Streets, formerly known as 112 Laurel St. Parking includes two assigned spaces per unit, plus one additional space currently rented to a neighboring business. Substantially renovated in 2018-2019 under City of Fitchburg permits; per the owner, the work updated plumbing, wiring, heating, flooring and appliances. Wall-hung Rinnai natural gas units provide hot-water baseboard heat. Water lines are set up for sub-metering, and tenants pay their own heat, hot water, electricity and gas. The first-floor 3-bedroom, 2-bath unit is vacant and freshly renovated, offering an owner-occupant or investor the chance to set the rent (the rent shown is an estimate). It also has its own laundry room with washer hookups. The two upstairs units, a 1-bedroom and a 2-bedroom, 2-bath unit that includes the third floor, are leased through September 2027 at $1,250 and $1,550 per month. Additional features include wood-look vinyl plank flooring, two kitchens with white cabinetry and granite-look countertops, a two-level covered rear deck with porch repairs done under a 2019 city permit, and a shared yard. A coin-operated laundry room also serves the neighboring six-family. Basement storage bays offer additional storage potential, and motion-sensor lighting and an owner-owned CCTV camera system add further amenities. Approximately one-third of a mile from Market Basket, one mile from Fitchburg State University and three miles from Route 2. Also referenced as 112-116 Laurel St on the 2017 deed (Book 8848, Page 313).

Location

State MA

County Worcester

Area Fitchburg

Zoning NB

Direction From Main St take Putnam St to Laurel St; corner of Laurel and Cross St, parking lot beside bldg.

Rooms

Basement Full, Sump Pump, Concrete

Interior

Interior Features Ceiling Fan(s), Pantry, Bathroom with Shower Stall, Bathroom With Tub & Shower, Living Room, Kitchen, Laundry Room

Heating Baseboard, Natural Gas

Flooring Tile, Carpet

Laundry Washer Hookup

Exterior

Community Features Public Transportation, Shopping, Highway Access, University

Utilities Available Washer Hookup

Roof Type Slate,Rubber

Total Parking Spaces 6

Garage No

Building

Lot Description Corner Lot, Easements, Level

Story 4

Foundation Stone, Brick/Mortar, Granite

Sewer Public Sewer

Water Public

Others

Senior Community false

Acceptable Financing Contract

Listing Terms Contract

Listed by eXp Realty LLC

NEARBY SCHOOLS & PROPERTIES

Katelyn Ciaramitaro

Advisor License ID: 9572629

+1(978) 473-0922

GET MORE INFORMATION